Steve Jurvetson Leaves Own Venture Capital Firm Over Harassment Claims

Steve Jurvetson

Steve Jurvetson — a key investor in SpaceX, Tesla Motors and Planet — is leaving the venture capital firm he founded, Draper Fisher Jurvetson, over allegations of sexual harassment. Recode reports:

DFJ announced the move in a letter to limited partners on Monday. The firm released a statement to Recode that read:

As of today and by mutual agreement, Steve Jurvetson will be leaving DFJ. DFJ’s culture has been, and will continue to be, built on the values of respect and integrity in all of our interactions. We are focused on the success of our portfolio companies, as well as the long-term vision for the firm and will continue to operate with the highest professional standards.

The firm did not specify the reason for the ouster in the letter, but sources said that the investigation uncovered behaviors by Jurvetson that were unacceptable related to a negative tone toward women entrepreneurs….

The departure comes as Jurvetson was being investigated by his own firm for harassment. An entrepreneur had alleged predatory behavior was “rampant” at DFJ. The woman, Keri Kukral, did not name Jurvetson in her Facebook post.

Jurvetson denied the claims in a Twitter post.

 

A Closer Look at Which Space Companies U.S. VC’s are Investing in

Falcon 9 launches the Dragon CRS-9 mission to the International Space Station. (Credit: NASA)
Falcon 9 launches the Dragon CRS-9 mission to the International Space Station. (Credit: NASA)

NASA’s new publication, “Economic Development of Low Earth Orbit,” consists of a series of papers that examines a number of important policy questions that will be of rising importance as NASA transitions human spaceflight in LEO to the private sector.

One of the papers, “Venture Capital Activity in the Low-Earth Orbit Sector,”
has detailed information on what U.S. venture capitalists have invested in. Key excerpts from the paper follow.
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